Dubai is a nil-tax zone and does not have any federal corporate taxes, personal taxes or withholding taxes. As it is categorized as a zero-income tax state it is not on the G20’s taxation “black list.”

Grenada has no tax on capital gains, 20 years’ tax exemption for offshore companies, no withholding tax, no transfer tax, no estate and inheritance tax, and no business levy and alien-land holding tax.